Tuesday, August 29, 2017
The Labor Turnover Survey (LTS) is a quarterly sample survey of enterprises conducted by the Philippine Statistics Authority (PSA) since the third quarter of 2002. The survey aims to capture “job creations” and “job displacements” in business enterprises based in Metro Manila by collecting quarterly data on accessions and separations of workers.
A total of 1,372 enterprises served as respondents to the first quarter round of the 2017 Labor Turnover Survey. The sample enterprises were drawn from the 2016 List of Enterprises. The retrieval rate for this quarter was placed at
Large enterprises in Metro Manila sustain increment in employment during the quarter
- Employment in Metro Manila-based enterprises continuously grew in the first quarter of 2017 as labor turnover rate was registered at
1.27 percent(computed as the difference between accession rate of 8.79 percentand separation rate of 7.52 percent). This figure was higher than the 0.96 percentrate recorded in the first quarter of 2016. (Table 1)
- All major sectors posted employment gains led by the industry at
2.84 percentlabor turnover rate. (Table 2)
Thirteen workers per 1,000 employed are added to the enterprise workforce
1.27 percentlabor turnover rate meant an addition of thirteen (13) workers per 1,000 employed to the workforce during the period.
- Specifically, this implied that for every 1,000 employed, 88 workers were hired by the enterprises either for their business expansion or replacement of separated workers while 75 workers left their jobs.
Mining and quarrying tops in employment gains
- The industry sector’s labor turnover rate for the period was higher than the other sectors’ rates as shown by the positive employment gains in all its major industries. The highest recorded gain was in mining and quarrying at
14.88 percent.The manufacturing and water supply, sewerage, waste management and remediation activities followed with employment growths of 3.89 percentand 2.15 percent, respectively.
- Meanwhile, information and communication industry registered the highest employment gain among services sector in the first quarter of 2017 at
- On the other hand, industries that took a downturn for the period were the other service activities (-0.89%) and the administrative and support service activities (-0.11%). Both industries were included in the top three gainers of the sector in the same period in 2016 with labor turnover rates posted at 2.09 percent and 2.18 percent, respectively.